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competition and openness in the markets. this is something that is totally in line with the e.u. inspiration of social market economy, and we are lead by, first of all securing the sustainability of public finances in the long-term, including a pension reform, and also looking at the de facto for growth. infrastructures, long delayed in italy, we have simplified the process of building infrastructures and injected in acceleration on those. then the functioning of the markets and that we have introduced more competition for example, in the leader of professions, like to call themselves -- but many pressures to become liberal. and in the separation between gas production and gas distribution, to give you another example. all in the shopping hours and the commerce sector. also a lot of significant indication concerning -- of course this needs to be continued and one issue about the italian elections in which i will not go unless -- here today is which political configuration is more in line with the need to sustain these structures. but i believe that -- not even the largest countries can reall
historic when we accomplish it. that is to start the work on a u.s. e.u. trans-atlantic trade that investment or airship to grow prosperity on both sides of the atlantic. it is no secret that we both faced economic challenges. we all do in this new marketplace, and a global challenge the marketplace. the fact is that europe freestanding aloud is the largest economy in the world and when you join that together with the united states of america, we have a powerful ability to be able to affect the rules of the road and to be able to raise standards and most importantly create jobs for all of our people. europe is already america's largest trading partner. a disagreement will create more jobs for additional investment and nasty note earlier this month, president obama made it clear this is a top priority for the united states. we also discussed the responsibility that we share to support fragile democracies across the world, across the monograph from libya to tunisia and beyond. i say to our friends here in the united kingdom, it is in our mutual interest to see that these fledgli
that perhaps is even more fundamentally dangerous for britain and much of the rest of europe than taming the e.u.'s superstate tendencies. this is the problem of attitudes and how the institutional expression in the economy. because as i illustrate in "becoming europe" the prevailing conviction across most of europe is that the state is the primary way in which we address common problems and meet our responsibilities and obligations to our fellow citizens. that such obligations might be realized outside the realm of politics doesn't apparently occurred to large numbers of european political leaders including i have to say a considerable number of the center-right european politicians. so in this regard i have often wondered what -- would think if he read a particularly important book that was written 180 years ago by one of his compatriots. because although it's about the new world, democracy in america was sent written for an american audience. alexis de tocqueville's intended audience was europe. so i think you would be astonished to learn how the americans observed by de tocqueville dealt with p
move in a couple of weeks to, i hope, the negotiations on the e.u. budget. .. in the last 12 months, we have come back to the market. can you tell us a little bit more about the structural economic reforms. particularly repairing the banking system, which i feel is the exemption of growth. >> yes, two years ago when the administration was elected, it actually lasted 250,000 jobs for the two years prior to that. reputation is in shreds around the world. our banks are dysfunctional. there is a complete sense of hopelessness and despair and disillusionment. now, gordon was elected with a very keen mind. we have a strategy and a plan that works. the banks are being recapitalize and restructured and have been back in the market as this program began in 2013. there are double-digit figures and our people have had to take really serious challenges. his government made really serious decisions or if it is an example of the government works and understands the patience of people, putting up with these changes in the greater picture of things. now, we expect to do better. but we cannot do without
later on and specifically in western and northwestern africa mauritania is generally considered by the e.u. in the less problematic state. the number of youth recruited remains very small and the attacks carried on the soil the capabilities are extremely limited and its affiliated networks are disorganized and weak today. it pursues the and imprisonment of a violent extremists as disrupting the growth of the militant movement. but like other countries are faced with a challenge of ensuring control of the borders. i mean, it shows ilana border on the 2,400 kilometers. it is even more than algeria which shares 1300 kilometers border. he. it's all forms of smuggling and also as i said, slipping in the northern mali to mauritania and he. the aggressive approach to fight the violent extremists and it's definitely more so than mali. an example because it has equipped its airports with i.t. systems. it has installed passport readers and it's about 27 posts to control its borders with help , and it has trained hundreds of the police officers. the government has also undertaken several initiatives
in western and north western africa. they are considered or seen by the e.u., france, as the least problematic state of the sierra. the number of youth recruited into al-qaeda so far remains very small, and they attack on soil, lack sophistication. capabilities are extremely limited, and it's affiliated networks are disorganized and weak today. the government's aggressive pursuit and imprisonment pursuit of violence extremists temporarily disrupted the growth, but like other countries, niger, are faced with the challenge of ensuring control over the borders. i mean, mori tan ya shares a long border with mali, 2240 kilometers. it's even more than algeria which it shares 1300 kilometers a border with mali. border management plays a key role in counter in all forms of smuggling and, also, as i said the fighters in northern mali, so they have adopted an aggressive approach to fight violent extremists, more than the neighbors, definitely more than mali. for example, they equipped its airport, three airports with i.t. systems. it has full passport readers, it has built 27 # -- 27 posts t
with asean, singapore, japan and korea. and we're also in dialogue with the eu. we have been talking about a bilateral investment treaty, but not necessarily with a due sense of urgency. for meeting since negotiations started in 2007 does not suggest a great deal of haste. much as it might surprise, we want this as much as you did because it is also of interest to us. ladies and gentlemen, important as they are, market access issues, and goods and services, and i to be seen perspective for they can be made to define narrative. why we must work to sort out these challenges, it is not in our interest to let such issues define the relationship. this is why we have proposed to create an ad hoc clearinghouse mechanism to discuss market access issues in the trade policy forum. i believe that we also need to find a new positive narrative that can bind our countries closer together. one such opportunity i feel is in the energy sector. without a shirt access to energy inputs in sufficient quantities, we will not be able to sustain our economic development. therefore, an enduring in the u.s. partner
. this is something that is totally in line with the e.u. inspiration of social market economy, and we are lead by, first of all securing the sustainability of public finances in the long-term, including a pension reform, and also looking at the de facto for growth. infrastructures, long delayed in italy, we have simplified the process of building infrastructures and injected in acceleration on those. then the functioning of the markets and that we have introduced more competition for example, in the leader of professions, like to call themselves -- but many pressures to become liberal. and in the separation between gas production and gas distribution, to give you another example. all in the shopping hours and the commerce sector. also a lot of significant indication concerning -- of course this needs to be continued and one issue about the italian elections in which i will not go unless -- here today is which political configuration is more in line with the need to sustain these structures. but i believe that -- not even the largest countries can really keep a momento for growth or resume a momen
nutrition, be well fed and a safe food supply. it is an honor to may pa*eu -- pay tribute to those at kansas state university, to make sure it remains a place of higher education and learning in our state, but also to make certain that kansas state university, manhattan, kansas, is always that place called home, where students from across our state and around the globe feel like they found a family and a place to learn and improve their lives and to make certain that they contribute to the betterment of our world. it's an honor to be here with one of the most distinguished alumnus of kansas state university, my colleague and friend, senator roberts, to wish that kansas state university many more years of success in providing education to our students and moving our state forward in ways that will only benefit not only this generation but those that follow us. so congratulations, can -- kansas state university. happy 150th birthday. mr. president, i yield back to the senator from kansas. mr. roberts: i thank my dear friend and colleague more specially for highlighting what k-state is all abou
because countries in the eu or even the euro zone are very, very different to what germany or portugal or greece or italy to the east, it's a very, very different situation, in that, that means we need also all a bit of time, education, infrastructure investment, all this is needed so that they have, let's say, a growth perspective for the next years. >> thank you. take another round of questions. >> [inaudible] >> the federal reserve hester medical increased its balance sheet since the great recession. about 20, 30 years, it didn't very all that much. suddenly very large increase. is the federal reserve comfortable in that it has an exit strategy so that we don't have either major inflation -- [inaudible] or major losses from purchasing assets and resale trying to bring back this money. thank you. >> a very quick to comment. [inaudible] i'm very happy to american colleagues. i think that we in europe -- [inaudible] [inaudible] [inaudible] >> and in the back. did you have your hand up? >> that's what we do. any other questions? okay. is the one back you? >> i'm not an economist. i'm a
by regulation under the legislation, and then we have e.u. sanctions. >> right. >> and, indeed, sanctions that other people follow that are mandated by the security council. the e.u. seems to be, on this issue, potentially more flexible than we are. and so there is operating room there. there is operating room in not putting more sanctions on that could be helpful as an initial step. and, obviously, that would be important. each one of these the president would have to explain that he's getting value. that the europeans could take sanctions off central banks and petroleum, for example. that we could do things that i think are absolutely necessary. we have had a longstanding policy of not sanctioning food and medicine for good reasons. and when i was in the security council, the first sanctions on iraq after their invasion of kuwait we made it scrupulously careful. that got all screwed up in oil for food. and i don't want to spend time here talking about that, but -- >> many. [inaudible] >> that was a perfect example of how things could go wrong. but the fundamental basis was the right bas
department focused on energy diplomacy as well as new partnerships like the u.s. e.u. energy council we work intensively with the iraqis to support their energy sector because it is critical not only to their economy but their stability as well. we have significantly intensifiintensifi ed efforts to resolve energy disputes from the south china sea to the eastern mediterranean to keep the world's energy market stable. now this has been helped quite significantly by the increase in our own domestic production. it's no accident that is as the iranian oil has gone off-line because of our sanctions other sources have come on line so iran cannot in a fit from increased prices. then there is human rights and our support for democracy and the rule of law. levers of power and values we cannot afford to ignore. in the last century the united states where it led the world in recognizing universal rights exist and that governments are obligated to protect them. now we have placed ourselves at the frontline of today's emerging battle like the fight to defend the human rights of the lgbt communities aroun
works. now when you work on a problem like this, as we do in the u.s., perhaps not at the scale the e.u. will, we'll find out. you learn not only more things about the brain but you learn how to build better computers and circles around and all boats rise. but the one mess age i want to leave with you with is that basic research still done in universities primarily including this new world of use inspired basic research with good interaction with companies and so forth producing the independenceble feed stock for companies and especially for young entrepreneurial companies that increasingly drive innovation, products, and jobs. mr. chairman, rajing member johnson, thank you for the opportunity to be here. i'll be happy to answer any questions. >> thank you. thank you for your testimonies today. i'll recognize myself for five minutes to ask questions and mr. templeton i would like to address my first question to you. let me preface by saying this in the united states every year $400 billion is spend on research and development. about $140 billion comes from the federal government. those
to employ unconventional tools to further eu's monetary policy, even though the efficacy of these tools was uncertain and it was recognized that their use might carry some potential cost. the better known of these tools is the purchase of large amounts of longer-term government security, what is commonly referred to as quantitative easing. the other in conventional tool is not as forward guidance, providing information about the future path of short-term interest rates anticipated by the committee. both of these approaches are intended to address a gap caused by the effective lower bound. this gap is the shortfall between what the fomc likely would do in current economic circumstances, were it able to reduce the federal funds rate below zero the reality that the rate can't be cut further. i believe the federal reserve's asset purchases and other unconventional policy actions have helped, and are continuing to help fill this gap and to sure up -- short of aggregate demand the evidence just the fomc's actions to lower short and longer term borrowed rates and boost asset prices. howeverpri
is a challenge t to all of us on both sides of the 50eu8, bot-- bothsides of the aisle, bs of the rotunda, to take the student debt crisis seriously. madam president, i yield the floor and i suggest the absence of a quorum. the presiding officer: the clerk will call the roll. quorum call: quorum call: william quorum call:
a letter asking the e.u. to declare hezbollah a terrorist . >> one minute remaining. >> the terrorist organization in 2007 while killing our soldiers in iraq. he refused to sign a letter to president george w. bush talking -- he said to engage direct, talks with the government of iran. he was for that telling bush to do it. he voted against the iranian sanctions. he was one of two senators who failed to sign a letter to president clinton showing unconditional support for the state of israel. i would argue his record when it comes to iran and vale and statements he made put him well out of the mainstream and "the washington post" is right on the fridge. and now is the time to have somebody on the fringe of iran and israel serving as secretary of defense for the reason. ly vote no. debate should continue and when we get back unless there's a bomb shell. thank you. >> thank you. i yield the floor. senator from michigan. >> yield five minutes for the senator of wfd. >> senator from west virginia. >>. >> madam president. proudly support chuck hagel for secretary of defense. if he can make
the ambassadors to the united states from e.u. countries. so they are doing a european idol. sports metaphor. they have an american comment to launch entertainment. so i gave a speech in a figurehead got good friends here, let's have a little fun. let's talk about red nations, detentions and interrogation. i'm sorry to be flip, but i wanted them to understand our thinking. i knew they didn't agree with your thinking, but i wanted them to understand it. this is one i did a lot of work on my own. page two or three are gathered to european diplomats. let me tell you what i believe, the agency believes, government police and i believe that my nation believes. we're a nation at war with al qaeda and its affiliates. this was global in scope and the only way i can fulfill my legal and moral responsibility to make citizens to take this fight that enemy wherever they may be. war, al qaeda, global. there is another country there who agreed with it. they not only rejected the four sentences for them, they did not believe in legitimacy of those four sentences for us. so the ca or aaron and drone strikes
in what our total costs are for the two different 250eu7stypes of employees. so when we talk about a sequester of taking $85 billion i've just given you over $85 billion over ten years and just by looking at a few programs. so when we hear the number and we think about the federal government being twice the size it was 11 years ago and that we're 2% higher in -- 27% fire terms of discretionary than even if sequester goes through as it actually still year. so it's important that wecan people about where we are on these projects. let me gorks for a second, talk about -- we put outlled the waste book. we put it out every year. we gave 100 examples of how tax dollars were wasted last year. $450,000 for on used aret in my state. $325,000 for robot squirrels. this is a grant that was issued to study what we already know about robotic squirrels and their inches interactions with rattlesnakes. i can't see that that's a priority for us when we're running deficits that we need to be spending money on that type of research. we spend $91 million a year giving a -- you won't believe this -- cha
overwhelmed either by europe writ large, the eu or china somehow swallowing up every bit of innovation that exist in the world. they are no longer i think worried about our economy being overwhelmed beyond our shores. but, and i don't think there is no, very little doubt in any circles out there about america's ability to be in position to lead the world in the 21st century. not only in terms of our foreign policy, our incredible defense establishment, but economically. i think the american people are ready to get up as a civil rights leader when i was coming up as a kid said, the american people are just tired of being tired. get up and move. you guys know that because it's happening in your state. you're probably feeling it in your fingertips more than most of us do here in washington. and as i said i think they know we're better positioned than any of the nation in the world to lead the world. and that's what i think they are so frustrated by what they see and don't see happening here in washington. and i think their frustration is turning into a little bit of anger. i found an inte
Search Results 0 to 18 of about 19